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re: QuickBooks Users
Posted on 2/12/17 at 5:20 pm to Royal
Posted on 2/12/17 at 5:20 pm to Royal
I moved my qb company file to qb online a few years ago and integrated it with our business management software. Unless it has changed recently, you would have to convert the windows qb (assuming the management company uses the windows version) to qb for Mac.
A few things to consider:
Qb for Mac company files can't be read by qb for windows. It would have to be converted back and forth each time. It also can't be converted to previous versions of qb. So if you get 2017 and the management company uses 2016 for windows, they would be able to convert it back.
If you will be the only person using it, this wouldn't be a problem. If your management company or anyone else, like a CPA, needs to view or make changes to it, online might be the best route. With the online version we use, we get three users and CPA access. We like the number of people that can access it and everyone has access to he most current version.
A few things to consider:
Qb for Mac company files can't be read by qb for windows. It would have to be converted back and forth each time. It also can't be converted to previous versions of qb. So if you get 2017 and the management company uses 2016 for windows, they would be able to convert it back.
If you will be the only person using it, this wouldn't be a problem. If your management company or anyone else, like a CPA, needs to view or make changes to it, online might be the best route. With the online version we use, we get three users and CPA access. We like the number of people that can access it and everyone has access to he most current version.
1
Posted on 2/13/17 at 12:07 pm to liuyaming
Why are you managing your HOA accounting? That is something that almost every management company does? If they are not good enough at it themselves, no BS fire them now and find someone that does. Its really not that difficult, furthermore a board member really should not be managing the money IMO. You are setting yourself up for a TON of flack from owners and any mistakes can easily land you in legal trouble. If you were an accountant or book keeper that's one thing because you do that as your job, but you must not be in order to ask these questions.
Given that, yeah I'd go with QBO. I access it from my wife's Mac Book, my surface, my work comps, etc. I even use the app's on my Ipad occasionally.
FWIW I've been on multiple HOA boards. If your HOA can't afford to pay a management company to do the book keeping, you need to raise the dues. You are offering a free service that should be paid for by the owners. All I'm saying, is I've seen it over and over when owners try to save money by doing things themselves the first small thing that goes wrong makes a huge PITA for the board and said owner.
Given that, yeah I'd go with QBO. I access it from my wife's Mac Book, my surface, my work comps, etc. I even use the app's on my Ipad occasionally.
FWIW I've been on multiple HOA boards. If your HOA can't afford to pay a management company to do the book keeping, you need to raise the dues. You are offering a free service that should be paid for by the owners. All I'm saying, is I've seen it over and over when owners try to save money by doing things themselves the first small thing that goes wrong makes a huge PITA for the board and said owner.
This post was edited on 2/13/17 at 12:12 pm
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